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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$745,000

Est. payment - /mo

6,246 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID OC26089769

HOA Y/N No

Year Built 1928

Lot Size 6,246 Sqft

Property Sub-Type Duplex

Property Description

BOM, Buyer couldn't perform. Two fully detached, separately metered bungalows on an oversized 6,247 square foot corner lot offer a rare opportunity for the right buyer to live, invest, or do both. Owner-occupy the front two-bedroom, one-bath home while collecting rent from the fully remodeled rear one-bedroom, one-bath bungalow, approximately 748 square feet, or place tenants in both units and generate an estimated $5,400 per month in combined market rent. The flexibility this property offers is truly uncommon at this price point. Both homes feature modern kitchens, updated bathrooms, newer flooring, upgraded windows, and clean exterior finishes, making the property truly turnkey with minimal maintenance demands. Each unit enjoys its own private yard and dedicated parking, with excellent separation between structures that gives each home a sense of privacy rarely found in a duplex setting. Located between Vermont and Normandie with easy freeway and transit access, this property sits within an actively redeveloping corridor offering stable income today and meaningful appreciation potential over time.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Fireplace No

Laundry Inside

Exterior

Pool None

Community Features Biking, Urban

Private Pool No

Building

Lot Description 2-5 Units/Acre, Corner Lot

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6003017025

Acceptable Financing Cash, Cash to Existing Loan, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Cash to Existing Loan, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

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Listed by Samuel Woldeyesus Compass 949-689-1558, DRE #01915193

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1301 W 60th PL Los Angeles, CA 90044